As you probably recall, NAR's recent numbers showed that year-over-year sales in the $1m+ segment were up in every region across the country.
A quick scan of the news this morning suggests a similar trend for Canada:
Edmonton sees 26% spike in luxury-home sales
Vancouver Sun
While homebuying activity is cooling in Edmonton, luxury-home sales are picking up, says a new national report by RE/MAX...
New report shows Winnipeggers opting for more high-end homes
Winnipeg Free Press
In Winnipeg, there was a 104 per cent jump in upper-end sales (homes selling for more than $500,000)...
Buyers not shy as home sales chug along
Hamilton Spectator
Re/Max figures show sales of luxury homes valued at $750,000 and up rose 47 per cent in Hamilton over last year... In Burlington, where a “luxury” home starts at $1 million, there were 33 sales, up 94 per cent from 17 last year. In fact, Burlington just recorded its highest sale, priced at $10,350,000...
And news from Hawaii suggests that the Honolulu's luxury market is showing strength:
The Lowdown on Honolulu's Luxury Market
HONOLULUMagazine.com
Luxury homes are moving fast - current days-on-market are at their lowest levels in 10 years...Not only are luxury homes selling faster; fewer price reductions are being made. Thus far this year, about 25 percent of high-end homes have had a list-price reduction before selling, a marked decrease from mid-2009, when close to 50 percent of luxury-home listings were reduced in price before finally selling.